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Strategies & Market Trends : Making Money is Main Objective

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To: Softechie who started this subject8/2/2002 2:24:00 PM
From: Softechie   of 2155
 
Posted by: Zeev Hed
In reply to: jdaasoc who wrote msg# 10897 Date:8/2/2002 12:57:44 PM
Post #of 11000

Actually, the recent econ data were discounted by the decline since March, IMHO, it is quite possible that the second Q when updated will actually be down, starting the second dip we talked about much late last year. The question is how much retrenchment will be coming from consumer. It is not impossible that the market will now discount a bounce in the fourth quarter and actually, after this retest, could be have quite well. I still have the 1526/50 in the cards in the next six weeks or so.

Zeev

investorshub.com
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